What is PotCoin (POT) Crypto Coin? A Practical Guide to the Cannabis Industry's Digital Currency

PotCoin Value Calculator

Calculate the value of your PotCoin holdings based on current market data. According to the article, PotCoin traded between $0.0010 and $0.0018 in late 2023. Use these values or your own estimates.

Current Value:

Projected Value:

Difference:

Low Estimate: $0.0010 (article reference)

Based on late 2023 market data

High Estimate: $0.0018 (article reference)

Based on late 2023 market data

Optimistic Projection: $0.4244 (per CoinLore prediction)

2025 prediction (highly speculative)

PotCoin isn’t just another cryptocurrency. It was built for one specific purpose: to let people buy and sell legal cannabis without using banks. When marijuana became legal in states like Colorado and Washington, dispensaries hit a wall. Banks refused to work with them. Cash transactions became the norm-big stacks of bills, security risks, and no way to track sales digitally. That’s where PotCoin came in. Launched in 2014, it was one of the first cryptocurrencies designed entirely for the cannabis market. Its goal? To be the default digital money for dispensaries, growers, and patients who needed a safer, cleaner way to pay.

How PotCoin Works

PotCoin runs on its own blockchain, originally based on Litecoin’s code but later redesigned to act more like Reddcoin. It uses a Proof-of-Stake (PoS) system now, meaning you don’t need powerful mining rigs to earn new coins. Instead, you can hold PotCoin in a wallet and earn interest-around 5% annually-just by keeping it there. That’s different from Bitcoin, where mining consumes massive amounts of electricity. PotCoin was built to be energy-efficient and accessible.

The total supply is capped at 420 million POT coins. As of late 2023, nearly all of them-419,999,437-are already in circulation. That means no more new coins will be mined. The scarcity is intentional, but it doesn’t guarantee value. What matters is whether people actually use it.

PotCoin’s Real-World Use

Here’s the tough truth: PotCoin isn’t widely used today. Even though it was the first mover in cannabis crypto, most dispensaries now accept Bitcoin, Ethereum, or services like BitPay and Coinbase Commerce. These platforms are easier for customers to use because they’re already familiar with them. PotCoin requires users to download a dedicated wallet, manage private keys, and find merchants who accept it. Very few do.

There are still a handful of online dispensaries and delivery services that list PotCoin as a payment option, mostly in states where cannabis is legal. But even those businesses often convert POT to USD immediately after a sale. That means the coin isn’t really being used as money-it’s just a middleman. Without real adoption, PotCoin stays stuck in a loop: low usage → low liquidity → low price → less interest.

Price and Market Data

In late 2023, PotCoin traded between $0.0010 and $0.0018. Its market cap hovered around $437,000, ranking it near #4069 among all cryptocurrencies. For comparison, Bitcoin’s market cap is over $500 billion. PotCoin’s trading volume is tiny-sometimes under $10,000 in a day. That’s not enough to move the needle for investors or attract serious attention from exchanges.

Price predictions for PotCoin vary wildly. Some analysts think it could hit $0.0379 by 2025. Others say it might drop below $0.0009. CoinLore even predicts a jump to $0.4244 by year-end 2025. These numbers aren’t based on fundamentals-they’re guesses. The market is too small, too volatile, and too dependent on external factors like cannabis legalization laws.

Technical indicators show mixed signals. Some charts suggest short-term bullish momentum, but the 50-day and 200-day moving averages are both pointing down. That’s a classic bearish pattern. And with only 17% of trading days showing price gains, the trend isn’t kind to holders.

A patient on a rooftop surrounded by floating PotCoin coins, stars forming the POT logo, emotional manga expression.

How to Get and Store PotCoin

If you still want to try PotCoin, here’s how to get started:

  1. Download the official PotCoin wallet from the project’s website. It’s available for Windows, Mac, Linux, and Android.
  2. Alternatively, use a web wallet if you don’t want to install software.
  3. Once your wallet is set up, you’ll get a public address to receive POT and a private key to access it. Keep that private key safe-lose it, and you lose your coins.
  4. You can buy PotCoin on smaller crypto exchanges like CoinExchange or SouthXchange. It’s not listed on Coinbase, Binance, or Kraken.
  5. After buying, move your POT to your personal wallet. Leaving coins on an exchange is risky.

There’s no easy way to buy PotCoin with a credit card. You’ll usually need to buy Bitcoin or Ethereum first, then trade it for POT on a decentralized exchange.

Why PotCoin Hasn’t Taken Off

PotCoin’s biggest problem isn’t technology-it’s timing and competition. When it launched, the cannabis industry was desperate for a solution. But by the time PotCoin gained any traction, bigger players had already stepped in. Payment processors like BitPay and Coinbase made it simple for dispensaries to accept crypto without dealing with niche coins. They handled the conversion to fiat automatically. No need for customers to learn a new coin.

Plus, PotCoin’s development slowed down. There’s no major team pushing updates, partnerships, or marketing. The open-source code is there, but no one’s actively improving it. That’s a red flag. If the team isn’t building, why should you believe it will grow?

Compare it to Tokoin (TOK), another cannabis-focused crypto. Tokoin has a market cap 15 times larger than PotCoin’s. Why? Because Tokoin partnered with real dispensaries, built a loyalty program, and integrated with existing POS systems. PotCoin never did that.

A giant cannabis-and-blockchain robot in a desert, cracked chest revealing a flickering PotCoin, tiny figure with lantern.

Is PotCoin Worth Buying?

Let’s be blunt: PotCoin is not a smart investment for most people. It’s speculative at best. If you’re buying it because you believe cannabis will go fully global and PotCoin will be the go-to currency, you’re betting on a very long shot. The odds are against it.

But if you’re curious, and you want to own a piece of crypto history-the first coin built for weed-then a small purchase might make sense. Just don’t put in more than you’re willing to lose. Treat it like a collectible, not a financial asset.

The real future of cannabis payments isn’t in niche coins. It’s in regulated, compliant, easy-to-use payment platforms that work across state lines and countries. PotCoin was a pioneer, but pioneers often get left behind.

What’s Next for PotCoin?

PotCoin’s fate depends on two things: cannabis legalization and crypto adoption. If more countries legalize marijuana and banks finally open their doors to dispensaries, the need for PotCoin vanishes. If, on the other hand, regulation stays stuck and cash remains the only option, maybe-just maybe-PotCoin could see a revival.

But for that to happen, someone needs to rebuild it. Revive the wallet. Partner with dispensaries. Launch a mobile app. Market it. None of that is happening. Without active development, PotCoin is just a digital artifact-a relic of an early, messy phase of the cannabis economy.

It’s not dead. But it’s not alive either. It’s waiting.

12 Responses

Madison Agado
  • Madison Agado
  • December 5, 2025 AT 14:04

PotCoin is less a currency and more a time capsule of when the cannabis industry was still figuring out how to exist in the shadows. It’s fascinating to see how idealism collided with reality-people wanted a decentralized solution, but convenience won. Banks were the problem, but the solution didn’t solve the real pain point: ease of use. We didn’t need a new coin; we needed better infrastructure. PotCoin was the first draft, not the final version.

It’s like building a horse-drawn carriage when Tesla’s already on the assembly line. The engineering’s not bad, but the world moved on.

Tisha Berg
  • Tisha Berg
  • December 7, 2025 AT 07:10

I remember when my cousin’s dispensary in Denver started taking PotCoin. They were so excited. But after a few weeks, they stopped. Customers kept asking, ‘Where’s the QR code?’ or ‘Can I just use my phone?’ It wasn’t about the tech-it was about the friction. People just wanted to buy weed, not learn blockchain.

Now they use Square. Simple. Safe. No keys to lose. Sometimes progress isn’t flashy-it’s just quiet.

Billye Nipper
  • Billye Nipper
  • December 8, 2025 AT 11:42

Okay but-can we talk about how wild it is that PotCoin’s total supply is 420 million?? That’s not a coincidence, that’s a statement!! I love that!! It’s like the crypto version of a stoner inside joke turned real!!

And the fact that it’s still alive?? Even if no one uses it?? That’s like finding a 2005 iPod in your drawer and still turning it on just to hear the startup sound!! It’s nostalgic!! It’s art!! I’m keeping my 500 POT coins as a museum piece!! 🌿💰

Chris Jenny
  • Chris Jenny
  • December 8, 2025 AT 12:29

They don’t want you to know this… but PotCoin was sabotaged. The banks didn’t just refuse to work with dispensaries-they funded the competition. BitPay? Coinbase? All backed by the same Wall Street firms that profit from cash flow control. PotCoin was too decentralized, too real. They needed you to think crypto was the answer… but only if it still answered to them.

That’s why the devs went silent. That’s why the wallet stopped updating. That’s why the price is stuck at 0.001. They’re keeping it alive… just enough to make you think it could work. Don’t fall for it. It’s a distraction.

They’re not afraid of marijuana. They’re afraid of freedom.

Thomas Downey
  • Thomas Downey
  • December 10, 2025 AT 03:12

It is frankly embarrassing that anyone still considers PotCoin a viable asset. A cryptocurrency with a market cap smaller than the annual budget of a suburban high school? A coin whose entire utility is predicated on an industry that is, by its very nature, illegal at the federal level? The very notion is a testament to the intellectual bankruptcy of speculative crypto culture.

One does not build a monetary system on the whims of state-level decriminalization. One builds it on legal clarity, institutional adoption, and economic stability. PotCoin has none of these. It is, in every meaningful sense, a joke dressed in blockchain.

Annette LeRoux
  • Annette LeRoux
  • December 10, 2025 AT 09:44

PotCoin is the crypto equivalent of that one friend who started a band in 2012 and still plays the same three songs at open mics… but you love them anyway 😔🎶

It’s not going to be the next Bitcoin, but it’s kind of beautiful that it still exists. Like a little digital weed patch growing in the cracks of the internet. I bought 1000 POT just to say I had it. Not to make money-to say ‘I was there when this weird thing happened.’

Also, the wallet icon is a leaf. That’s cute. 🍃

Noriko Robinson
  • Noriko Robinson
  • December 10, 2025 AT 17:54

So I tried using PotCoin once because I thought it was cool to support cannabis crypto… but I lost my private key after a system crash and couldn’t recover it. I didn’t lose much money, but I lost trust in the whole system. If something this important can vanish because you forgot to back up a file… maybe it’s not ready for real people yet.

Also, why does every crypto project think ‘420’ is a magic number? It’s cute, but it’s not a business plan.

Josh Rivera
  • Josh Rivera
  • December 12, 2025 AT 16:11

Oh wow, PotCoin. The crypto equivalent of a 2007 MySpace profile. Still online. Still weird. Still waiting for someone to notice it’s alive.

And yet somehow, people still think it’s ‘undervalued.’ Bro. If your coin’s worth less than your morning coffee, and the devs haven’t posted since 2018, maybe the market isn’t wrong. Maybe it’s just… right.

Also, ‘420 million coins’? That’s not scarcity. That’s inflation with a sense of humor.

Neal Schechter
  • Neal Schechter
  • December 13, 2025 AT 05:15

Most people don’t realize how much of a hero PotCoin was. It didn’t need to win. It just needed to show that it was possible. Banks refused. Cash was dangerous. So someone said, ‘Let’s make a coin for this.’ And they did.

It didn’t scale. It didn’t get VC funding. It didn’t go viral. But it existed. And that’s more than most crypto projects can say.

Now we have BitPay and Coinbase. But without PotCoin? We might still be paying in twenties with a gun in the back room.

Vincent Cameron
  • Vincent Cameron
  • December 14, 2025 AT 22:30

There’s a philosophical irony here: PotCoin was meant to liberate the cannabis economy from institutional control… but its very existence became dependent on the same speculative, volatile markets it sought to escape. It’s not a currency-it’s a symbol of a movement that never quite coalesced.

Perhaps its true value lies not in price, but in the question it forces us to ask: Can a decentralized system survive without a community that believes in it? Or does belief itself require liquidity, visibility, and growth?

And if not… then what are we really building?

Yzak victor
  • Yzak victor
  • December 15, 2025 AT 09:03

My uncle in Oregon still uses PotCoin. Not because it’s smart. Not because it’s popular. But because he remembers the days when cops would bust him for a joint. He says it’s his little act of rebellion. He doesn’t care if it’s worth a penny.

I think that’s the real story here. It’s not about money. It’s about dignity. And sometimes, that’s worth more than any market cap.

Holly Cute
  • Holly Cute
  • December 17, 2025 AT 07:07

Let’s be real-PotCoin is a graveyard. 419 million coins in circulation? That’s not scarcity, that’s a dump. And the fact that it’s still trading at $0.001? That’s not undervalued, that’s a corpse with a heartbeat. The only people holding it are either delusional speculators or people who bought it in 2017 and forgot they ever owned it.

And yet somehow, people still write ‘analyses’ about it. ‘Bullish momentum’? On a coin with 17% positive trading days? That’s not analysis-that’s wishful thinking wrapped in a chart. The only thing this coin is moving is the price of my patience.

And don’t even get me started on the ‘community.’ It’s like a ghost town with one guy still sweeping the sidewalk. He’s proud. But nobody’s coming.

Meanwhile, Tokoin’s out here building POS integrations and loyalty programs. And you’re still trying to convince yourself that PotCoin’s ‘historical significance’ justifies your portfolio’s dumpster fire. Wake up. It’s not a relic. It’s a warning.

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